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SBT registers 27.21% growth

State Bank of Travancore has registered a growth of 27.21 per cent (Rs.3,146 crore) up to February this year.

Of this, Rs.442 crore (14 per cent of growth) was on account of the increase in interest rate for non-resident external (NRE) term deposits, a pressnote issued by the bank said. The bank claimed a good growth in remittances.